back to article Bubble-licious: Good times here again for UK tech startups – research

The level of venture capitalist (VC) investment being pumped into UK and Irish tech companies is now "reminiscent" of the early 2000s, with funding for the third quarter of 2014 double that of a year ago, according to research. In Q3, £363m was invested in in 88 deals worth more than £500,000, bringing the total for the year …

Anonymous Coward

Maybe there would be more investment outside of London if the VCs or their owners didn't have such extensive interests in the London property market.

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Anonymous Coward

In Q3, £363m was invested in in 88 deals worth more than £500,000

....so what is going to pay for the other 51 weeks office rental in London?

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Our facilities manager once joked that it costs a £1000 a year for the office space for a waste paper bin.

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Silver badge

Re: In Q3, £363m was invested in in 88 deals worth more than £500,000

"Our facilities manager once joked that it costs a £1000 a year for the office space for a waste paper bin."

He wasn't joking. If you're talking about prime location, short term lease on a fully serviced basis, it will be around £1,400 a year per square metre. Allowing for a modicum of space to get past the bin and empty it he was bang on.

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